Wednesday, January 2, 2013

Americans are masters at dramatizing issues

Firstly, the term "Fiscal Cliff" is not a Cliff actually...it is a slowdown, and to leave it to the very last hours or leaving it until 1 January to pass the deal (by both Senate and House) knowingly the market will only reopen on 2 January is actually I thing pre-planned so that it sounds dramatic.

By the way, here is a video I like which explains the fiscal cliff pretty well. You should subscribe for APM marketplace - funny and he (Paddy) is quite good at simplifying complex financial issues. Those who would like to understand financial issues happening around the world should watch his videos.

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